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Wednesday, August 24, 2005

Israel’s exports to Arab countries up 21%

Some cheerful news to further freak out the Saudis:

Israel’s industrial exports to Arab countries, excluding diamonds, grew 21% to $106 million in January-June 2005, compared with the corresponding period last year, Israel Export and International Cooperation Institute director Yechiel Assia said.

Assia noted that these figures did not include $6 million in indirect exports to Arab countries by way of third countries in the first half of this year. These exports resulted from partnerships between Israel and Arab companies.

That's a lot of paper cups!